This was revealed when the Chairman of BUA, Abdul Samad Rabiu led the BUA Cement Management team on a courtesy call to the Adamawa State Governor, Ahmadu Umaru Fintiri
LAGOS, Nigeria, July 6, 2020/ -- BUA Cement (www.BUAgroup.com), One of West Africa’s largest Cement companies has announced that it is
set to establish a three million metric tonnes cement plant and 50
megawatts power plant in Guyuk and Lamurde local governments of Adamawa
state in the North Easter region of Nigeria. This was revealed when the
Chairman of BUA, Abdul Samad Rabiu led the BUA Cement Management team on a courtesy call to the Adamawa State Governor, Ahmadu Umaru Fintiri in
the Government House, Yola.
Speaking during the visit, Abdul
Samad Rabiu said preliminary findings show that the two local
governments of Guyuk and Lamurde are reputed to have good quality of
limestone deposits and BUA Cement is ready to begin the investment in
the state. He added that the BUA will use new technologies to supply
power to the proposed cement plant and communities of Guyuk and Lamurde
in addition to providing three thousand direct and five thousand
indirect jobs.
The Chairman stressed that the Guyuk Cement Plant
will be the major investment in the North East by BUA and solicited for
support of Governor Umaru Fintiri to set up the factory in Guyuk. Rabiu
said the company made a decision to source its raw materials locally and it has invested billions of dollars in various sectors across Nigeria
and therefore urged the state government to support BUA to actualize the Guyuk Cement project. In addition, he praised the commitment of the
governor within one year in office in many sectors of development
despite the economic challenges in Adamawa.
Responding, Governor
Ahmadu Umaru Fintiri said his administration's effort in exploring local contents has started yielding results and thanked BUA for showing
interest in establishing the cement plant in Guyuk. He further assured
the management team of BUA that government will make whatever is needed
and provide the necessary support which will create enabling environment so that the BUA Cement company in Guyuk will become a reality.
He also expressed readiness of the government to protect the investment
once it is established and told them that his administration will
maintain the good relationship with the company for the benefit of the
state.
BUA is Nigeria’s second largest Cement Producer by volume
with cement plants in Sokoto and Edo States. The Company’s newest plant
in Sokoto is expected to be operational in 2021. When completed, the
Guyuk Cement Plant will bring BUA’s total capacity to 14million metric
tonnes per annum.
Link: BUA Cement